Company: KISCOL

Department: Finance & Accounts

Job Location: Coimbatore, Tamil Nadu

Job Type: Full time

Experience: Relevant experience in LC handling and accounting preferred.

Job Summary

KISCOL is looking for an experienced and detail-oriented LC & Accounts Executive to manage Letter of Credit (LC) transactions and oversee the company's day-to-day accounting operations.

The candidate will be responsible for handling LC documentation, coordinating with banks, monitoring import/export or domestic trade-related LC transactions, ensuring timely submission of banking documents and maintaining proper financial records.

In addition to LC operations, the candidate will supervise accounting activities, monitor financial transactions, review accounts, coordinate with the accounts team and ensure accuracy in financial reporting and statutory compliance.

The ideal candidate should have strong knowledge of banking procedures, LC documentation, accounting principles and financial management, with the ability to independently coordinate with banks and oversee accounting operations.

Key Responsibilities

1. Letter of Credit (LC) Management

- Handle end-to-end Letter of Credit (LC) transactions.
- Prepare, verify and coordinate LC documentation with banks and suppliers.
- Coordinate with banks for LC opening, amendments, extensions and closures.
- Monitor LC validity, expiry dates and documentation deadlines.
- Ensure compliance with LC terms and conditions.
- Coordinate with suppliers, customers and banks regarding LC-related requirements.
- Track LC limits, utilization and outstanding commitments.
- Handle discrepancies in LC documents and coordinate for timely resolution.




- Maintain proper records of all LC transactions and banking correspondence.

2. Accounting Operations & Supervision

- Oversee daily accounting activities and ensure accurate maintenance of books of accounts.
- Review purchase, sales, receipts, payments and journal entries.
- Monitor accounts payable and accounts receivable.
- Review general ledger and ensure proper account reconciliation.
- Supervise bank reconciliation and vendor/customer ledger reconciliation.
- Monitor outstanding payments and ensure timely follow-ups.
- Review accounting entries and supporting documents prepared by the accounts team.

3. Banking & Financial Coordination

- Coordinate with banks regarding LC facilities, bank guarantees and other banking transactions.
- Monitor banking limits, fund utilization and financial commitments.
- Handle bank statements, interest calculations and bank-related documentation.
- Coordinate with finance institutions and banking officials for financial requirements.
- Maintain proper records of banking transactions and correspondence.

4. Financial Reporting & Compliance

- Prepare and review MIS reports, financial statements and accounting summaries.
- Assist in monthly, quarterly and annual accounts finalization.
- Monitor GST, TDS and other applicable statutory compliance activities.




- Coordinate with auditors and consultants for audit-related requirements.
- Ensure accurate financial documentation and proper record maintenance.
- Report financial discrepancies and important banking matters to management.

5. Team Coordination & Accounts Monitoring

- Oversee and coordinate the work of the accounts team.
- Ensure timely completion of accounting activities.
- Verify the accuracy of accounting records and financial reports.
- Coordinate with purchase, sales, stores and other departments.
- Report accounting and banking updates directly to senior management.

Candidate Requirements

- B.Com / M.Com / MBA Finance or equivalent qualification.
- Relevant experience in LC handling and accounting operations.
- Practical knowledge of Letter of Credit procedures and documentation.
- Experience in dealing with banks and financial institutions.
- Strong knowledge of general accounting, bank reconciliation and financial reporting.
- Knowledge of GST, TDS and statutory compliance.
- Proficiency in Tally ERP / Tally Prime and MS Excel.
- Good communication, coordination and analytical skills.
- Ability to independently manage LC transactions and oversee accounting activities.

Required Skills

- Letter of Credit (LC) Operations
- LC Documentation & Bank Coordination
- Banking & Financial Operations
- General Accounting
- Accounts Supervision
- Bank Reconciliation
- GST & TDS Compliance
- MIS Reporting
- Tally ERP / Tally Prime
- MS Excel

How to Apply Interested candidates can share their updated resume through:

Email: [email protected]

Contact: (phone hidden) / (phone hidden)

Pay: ₹23,000.00 - ₹25,000.00 per month

Work Location: In person

📌 Accounts Executive (Coimbatore)
🏢 KANNAPPAN IRON AND STEEL COMPANY
📍 Coimbatore